China Railway (00390) intends to repurchase a portion of the company's A shares and has received a letter of commitment for a special repurchase loan.

16/04/2025

GMT Eight

China Railway (00390) announced that recently, the company has obtained a loan commitment letter from Industrial and Commercial Bank of China Limited Beijing Branch, promising to provide a special loan not exceeding RMB 1.6 billion and not exceeding 90% of the actual execution of the share buyback plan for the company. The loan is specifically for the company to buy back its A shares through centralized competitive bidding trading method, with a loan period not exceeding 3 years.

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China Railway (00390) intends to repurchase a portion of the company's A shares and has received a letter of commitment for a special repurchase loan.

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